On all the money printing and market intervention, Fitts says, - TopicsExpress



          

On all the money printing and market intervention, Fitts says, “When you have central banks and sovereign governments intervening in these extraordinary ways in the financial markets, what happens is the possibilities of scenarios get wider and wider. It’s like the economy stretched on a bungee rope. If it snaps, you can get very extreme scenarios.” One extreme scenario includes war. Fitts says, “The most significant risk to the global economy is the risk of war.
Posted on: Mon, 27 Jan 2014 07:09:12 +0000

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